Define Management by Objectives (MBO) and List Four Elements of This

question 96

Essay

define management by objectives (MBO) and list four elements of this type of goal setting.

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Definitions:

Self-Managed Operational Team

A group of employees responsible for controlling and managing their work processes and tasks without direct supervision.

Self-Managed Teams

Teams that operate with a high degree of autonomy, with members collectively making decisions and managing work processes without direct supervision.

Organizational Commitment

The level of attachment and loyalty an individual has towards their organization, often influencing their willingness to remain in the organization and exert high levels of effort.

Productivity

The measure of efficiency in producing goods or services, often evaluated as the output per unit of input.